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May 16

TECHNICAL ANALYSIS BY NSFX 16.05.2014

By:Nati

High:  Low: 

Resistance currently expected at the 140 figure before the 100 day SMA before the 141 figure comes into play. Beyond this area we could see the 50 day SMA and the 142 acting as possible resistance levels. 139.16 a possible supporting area going forward, below this the 200 day SMA reinforces. Possibility of consolidation withing a range should the support hold.

R3
R2
R1
S1
S2
S3